Clear Haven Capital Management, LLC

CRD#149165
Investment Advisor Firm

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Learn more about Clear Haven Capital Management, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Clear Haven Capital Management, LLC operates as a financial advisory company based in New York, New York. The company oversees $245.6 million in assets under management over 19 client accounts, placing it in the mid-tier of investment advisory firms in the nation by assets under management (AUM). The company has a small team, including 4 financial advisors. Clear Haven Capital Management, LLC does not act as a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal assets such as stocks, bonds and options.

    Clear Haven Capital Management, LLC administers all of its accounts in a discretionary manner. Discretionary management means that buy and sell judgments are made by an investment advisor without requiring the customer's consent. The advisory firm's average account size is $12.9 million. The typical financial advisor at Clear Haven Capital Management, LLC administers about five client accounts, making it one of the most individualized financial advisor firms in the country.

    Clear Haven Capital Management, LLC's main office is located at 370 Lexington Avenue, New York, New York 10017. The company is legally registered to serve clients across a number of states, including New York and Texas.

    Assets Under Management

    $245.6 million

    Number of Advisors

    4

    Disclosures

    No

    Office Location

    370 Lexington Avenue
    New York, NY 10017

    Clear Haven Capital Management, LLC by the Numbers

    Total Assets Under Management

    $245.6 million

    National Average: $8.6 billion
    Total Number of Employees

    6

    National Average: 64
    Total Number of Accounts

    19

    National Average: 375,227
    Average Account Size

    $12.9 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees are based on the type of financial services offered. However, fee types billed by the company likely are comprised of the following fee types: asset-based, performance-based or other. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    The firm works with high net worth investors and pooled investment vehicles. Out of its 19 clients, Clear Haven Capital Management, LLC's biggest client type by number of accounts is high net worth investors, but it also serves 10 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 under management or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients reside abroad.

    • High-Net-Worth Individuals* - 55.56%
    • Other Individuals - 0%
    • Corporations - 44.44%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Clear Haven Capital Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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